Unity Small Finance Bank

Unity Small Finance Bank Q4 profit soars 83% to Rs 264 crore

For the entire financial year 2024-25, Unity Small Finance Bank reported a 10 percent increase in its profit to Rs 482 crore from Rs 439 crore in the previous fiscal.

We are ‘resilient’ in every sense, plan to take BharatPe public in next 18-24 months: CEO

In an interview, CEO Nalin Negi outlines a focused strategy for BharatPe, including building consumer payments app, without being in the race for UPI market share, and hitting full-year Ebitda profitability in FY25.

Unity Small Finance Bank Q2 profit rises 36% to Rs 187 crore

Unity Small Finance Bank | The capital adequacy ratio of the bank promoted by Centrum Group stood at 29 percent.

RBI okays Inderjit Camotra’s re-appointment as MD & CEO of Unity Small Finance Bank

Under Camotra, the SFB manages a deposit base of more than Rs 8,000 crore and has a loan book of over Rs 8,500 crore.

Unity Small Finance Bank promoters likely to dilute stake to raise up to $150 million: Sources

BharatPe owns 49% in Unity SFB, and Centrum group the remaining 51%. Sources say BharatPe is likely to pare its shareholding to around 25-26%. Company calls it speculation.

Unity Small Finance Bank net profit jumps 79 pc to Rs 110 crore

Unity Small Finance Bank, promoted by the Centrum Group, recorded a 79% increase in net income to Rs 110 crore in the December quarter, supported by an overall strong set of data.

Unity Small Finance Bank Q2 profit jumps 155% to Rs 138 crore

Unity Small Finance Bank Limited is a scheduled commercial bank, promoted by Centrum Financial Services Ltd.

Unity Small Finance Bank to offer up to 9.5% interest on FDs to senior citizens

Unity is the latest lender to join the war for deposits as banks scramble to raise funds amid tight competition. Unity SFB’s rate hikes are effective February 15

Unity Bank appoints Inderjit Camotra as MD, CEO

Camotra has over 25 years of experience across the country in leadership positions at Standard Chartered Bank, ANZ and Citigroup

PMC Bank acquisition by Centrum-Bharatpe was smartest corporate move in history, claims Ashneer Grover

The Reserve Bank of India on June 18 granted “in-principle” approval to Centrum Financial Services Limited to set up an SFB, paving the way for the entity to take over the crisis-ridden PMC Bank.

Damnatio memoriae: Ashneer Grover's name scrubbed from BharatPe and Unity Small Finance Bank websites

The move comes after BharatPe's board said in a statement that Grover is no longer an employee, a founder, or a director of the company.​

Banking Central | BharatPe must put its house in order

Alleged corporate governance issues, infighting and mud-slinging in public do not augur well for BharatPe which is a part of the PMC Bank rescue mission.

RBI gives nod to Vinod Rai's appointment as Independent Chairman of Unity SFB

Several banking industry stalwarts, including RBI veteran Sandip Ghose, former Syndicate Bank CMD Basant Seth and ex-RBL Bank chairman Subhash Kutte have recently joined Unity SFB's board.

No communication from Jaspal Bindra to RBI for reconsideration of JV with BharatPe: Centrum

The clarification from Centrum comes amid speculations that Bindra wrote to the RBI in the wake of the episode involving Ashneer Grover allegedly abusing a Kotak Group employee.